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Pasquale M is a great example of a large suburban restaurant that targets the local families making it easy for those families to park, order and eat in a stress free environment away from home. You'll find Pasquale M on the Lower Plenty Road in Rosanna providing wood fired pizzas and a range of Italian styled food.
The venue has a very large foot print. Coming in off the Lower Plenty Road there is a slip road around the venue that acts a drive through for order pick ups. There is a drive up side window to the venue for the pick ups which has all the associated tills, phones and a works station to manage all the orders. For those dining at the venue there is a large car park. Heading inside is a large dining area that can cater from couples to large groups and a small outside fenced in courtyard. The bar and pizza oven with the preparation area face the restaurant. Behind this area there is a huge fully fitted commercial kitchen with cool rooms , preparation and cooking areas. There is also an office and plenty of storage space.
The venue has just over ten years left on the lease made up of 5+5 with rent coming in at $1350 a week including GST. Pasquale M has an On Premises licence till 11pm with a capacity of 100. The venue is free from any contracts or lease agreements and everything in the venue is included in the sale.
Pasquale M has huge potential. It is in a prime location with excellent infrastructure. There is plenty of scope to expand in to a delivery service, keep or change the food offering or completely rebrand in to one of the larger franchised operations. So the venue suits both an owner operator or a large company that can then go in and transform the location. There are books and tax returns that show the income but the vendors are very realistic about what they represent. So the vendors are only looking for an asking price of $75,000 (price reduction) for this exclusively listed venue.